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Bad number for this SP....
1 week: DOWN 13.93% , 3 months: DOWN 24.71%, 1 year: DOWN 10.64%, 3 years DOWN 74.37%, 1 month: DOWN 19.31%,
6 months: DOWN 35.46%, 2 years: DOWN 63.5%. 5 years: DOWN70.67%
Trust the Yanks to pull the market down by 50% today!
So CCL gives you a 4% best rise over the last year! Minus 65% over 5 years....!
CCL management need to do something to stop this decline.....in the next few days this will be a toxic share to hold!
Monday looks like another bad day!
Where is EC when we need him...….has he jumped ship?
Help …- - - … - - -... - - -... - - -
Lets swim to that ship over there...The one called SS Titanic!
So why a lost of 1.3% today if all is so so good? Down 20% since June....and in a few week time the trend will show negative returns for 1 day, 1 week, 1 month, 3 months, 6 months, 1 year, 3 years and 5 years....!!! No one wants to cruise in a Pandemic!
Down now over 10% in the last week along...not very positive here.....they have no control over debt!
The travel sector also struggled, on renewed virus worries.
British Airways parent International Consolidated Airlines Group fell 2.9%. Cruise ship firm Carnival shed 3.9%.
"Recorded SARS-CoV-2 infections have surged to new records in some European countries including Germany, Austria the Netherlands and Slovenia. First signs of medical stress are appearing in the worst-affected regions. Does this put our assumption at risk that the pandemic will only be a minor drag on economic performance in coming months? From a public health perspective, the situation is challenging and will most likely get worse in coming weeks," analysts at Berenberg commented.
Cruises in 2023 might looked sold out but they are only 60% capacity as most. CCL just ticking over now. Look at the trend from 5 years ago and It was going down well before Covid came along. A Debt is a Debt and needs to be paid off before the market accepts the SP. Long time until its back to "normal"!
So here we go back to Habour......thsi share price is crazy ...why is it doing down when borders are open.....?
All we need now is EC to make some + comments and we loose all the gain!!! Watch this space......
Yes but down 2.13% this morning...he who laughs last...etc......
Lets hope EC that its on its way.....
He always does...comments like all aboard, full steam ahead, leaving Port!...then the SP slides back down again......luv it!
Has done anything to the SP ...still down.....
Not Good news...seem these ships have only 54% of capacity...choppy water ahead.
"Citi's price target cut implies there's still about 12% upside in Carnival stock -- that's the good news. The bad news is that the cut also implies a 28% decline in the analyst's estimate of Carnival's total value.
As Citi explains in a note covered by The Fly today, it remains of the opinion that the cruise industry as a whole is on the road to recovery. But, according to the note, "Carnival has delivered slower revenue and earnings growth over the last 10 years" than has rival Norwegian Cruise Line Holdings (NYSE:NCLH×?), and Citi sees no reason to believe this dynamic will reverse as the cruise industry emerges from recession.
To the contrary, Citi worries that Carnival's decision to sell off some of its "older, less efficient vessels" to cut costs when cruise lines were forbidden from cruising, combined with its having fewer new ships on order, "will limit its revenue recovery versus Norwegian."
Down again when the US market opens up.....not looking good now....